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Wednesday, March 25, 2020
1:00 PM - 2:00 PM
1:00 PM - 2:00 PM See all dates and Times
http://bit.ly/328Fq6m
OVERVIEW NACHA Same Day ACH (SDA) was implemented in three phases, beginning Sept of 2016 and ending in March 2018. With this new option in the ACH Network it gave the Originator and ODFI an opportunity to send and settle payments on the same day for a small fee. With SDA fully implemented and due to a recently approved amendment to the Rules, SDA is expanding by adding a third window for processing SDA transactions and the dollar limit is increasing for a single SDA transaction.
WHY SHOULD YOU ATTEND
Recently approved amendments to the NACHA Operating Rules are expanding Same Day ACH by adding an additional window in which Same Day ACH (SDA) Entries can be transmitted. To remain in compliance with these changes and take advantage of the opportunities this change brings, it is crucial to know the impact of these changes and what they mean. This session will outline the upcoming changes and identify the impacts for all ACH participants affected by these changes.
AREAS COVERED
• Outline the timing with adding the third processing window for SDA Entries
• Identify the impacts to the participants with this new amendment on expanding Same Day ACH Rule
• List the possibilities that become available with the increase in dollar limit for a single SDA Entry
LEARNING OBJECTIVES
Originators and ODFI’s in the ACH Network have options when sending ACH Entries, the legacy ACH payments network (with future dated transactions) and the Same Day ACH (SDA) Network. With the option to send SDA Entries, the opportunities for transactions that can be sent (based on recent amendments to the NACHA Operating Rules) are changing.
WHO WILL BENEFIT
• ACH Operations staff (new and seasoned professionals)
• Banking Operations Managers and Staff
• Compliance and Risk Professionals
• Treasury Management Professionals
• Aspiring and Current AAPs (Accredited ACH Professionals)
• Originating Companies (Business Owners)
• Banking Managers/ Supervisors
• ACH Audit Personnel
Use Promo Code SPRS20 and get flat 20% discount on all purchases.
To Register (or) for more details please click on this below link:
http://bit.ly/3bWNE6a
Email: [email protected]
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882
WHY SHOULD YOU ATTEND
Recently approved amendments to the NACHA Operating Rules are expanding Same Day ACH by adding an additional window in which Same Day ACH (SDA) Entries can be transmitted. To remain in compliance with these changes and take advantage of the opportunities this change brings, it is crucial to know the impact of these changes and what they mean. This session will outline the upcoming changes and identify the impacts for all ACH participants affected by these changes.
AREAS COVERED
• Outline the timing with adding the third processing window for SDA Entries
• Identify the impacts to the participants with this new amendment on expanding Same Day ACH Rule
• List the possibilities that become available with the increase in dollar limit for a single SDA Entry
LEARNING OBJECTIVES
Originators and ODFI’s in the ACH Network have options when sending ACH Entries, the legacy ACH payments network (with future dated transactions) and the Same Day ACH (SDA) Network. With the option to send SDA Entries, the opportunities for transactions that can be sent (based on recent amendments to the NACHA Operating Rules) are changing.
WHO WILL BENEFIT
• ACH Operations staff (new and seasoned professionals)
• Banking Operations Managers and Staff
• Compliance and Risk Professionals
• Treasury Management Professionals
• Aspiring and Current AAPs (Accredited ACH Professionals)
• Originating Companies (Business Owners)
• Banking Managers/ Supervisors
• ACH Audit Personnel
Use Promo Code SPRS20 and get flat 20% discount on all purchases.
To Register (or) for more details please click on this below link:
http://bit.ly/3bWNE6a
Email: [email protected]
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882